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1501 Hermosa Avenue

Hermosa Beach, CA 90254
  • $385,000
  • STATUS: Active
  • ON SITE: 382 Days
  • MLS #: SB22200761
UPDATED: 70 min ago
$385,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Nancy Roman Alpough of Keller Williams Realty (310-519-1080)


Description

BACK ON THE MARKET & PRICE REDUCTION!!! Established Hermosa Beach Restaurant perfectly located approximately 100 feet from the sand in a trendy, well established, and high trafficked beach community. Established in 2005, this beautiful, upscale restaurant seats maximum 60 inside and 26 outside dining, has an Open Table Rating of 4.8 and an excellent reputation in the community having received numerous awards for its consistently delicious and fresh food and excellent service. This business has NO DEBT, LOW RENT w/ NO NNNs, BEER & WINE LICENSE, and ALL EQUIPTMENT IS OWNED outright. It offers excellent revenue growth and the potential to extend business hours to 7 days/week. The restaurant is conveniently located across the street from a new hotel (offering event catering and room service menus), close to other South Bay Beach Cities, and within a short driving distance to LAX and the 405 Freeway. Don't miss out on this rare opportunity to own a profitable restaurant, with low operating expenses and no debt right up the street from the popular Hermosa Beach!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-01T13:28:45.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/133053428
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1501 Hermosa Avenue Hermosa Beach, CA 90254

  • Price: $385,000
  • Status: Active
  • On Site: 382 Days
  • Updated: 70 min ago
  • MLS #: SB22200761
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1948
Built
Neighborhood:
148 - Hermosa Bch Sand
County:
Los Angeles
Area:
148 - Hermosa Bch Sand
Property Description
BACK ON THE MARKET & PRICE REDUCTION!!! Established Hermosa Beach Restaurant perfectly located approximately 100 feet from the sand in a trendy, well established, and high trafficked beach community. Established in 2005, this beautiful, upscale restaurant seats maximum 60 inside and 26 outside dining, has an Open Table Rating of 4.8 and an excellent reputation in the community having received numerous awards for its consistently delicious and fresh food and excellent service. This business has NO DEBT, LOW RENT w/ NO NNNs, BEER & WINE LICENSE, and ALL EQUIPTMENT IS OWNED outright. It offers excellent revenue growth and the potential to extend business hours to 7 days/week. The restaurant is conveniently located across the street from a new hotel (offering event catering and room service menus), close to other South Bay Beach Cities, and within a short driving distance to LAX and the 405 Freeway. Don't miss out on this rare opportunity to own a profitable restaurant, with low operating expenses and no debt right up the street from the popular Hermosa Beach!
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Restaurant Leasable Area 1000 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Total Actual Rent 5000



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-01T13:28:45.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Nancy Roman Alpough of Keller Williams Realty (310-519-1080)